National Budget 2019-20

Budget Discussion: Opposition slams govt over paddy price

Opposition lawmakers yesterday came down heavily on the government for its failure to ensure fair price of paddy and check money laundering, soaring loan defaults and black money.

June 15, 2019
June 15, 2019

New budget to increase inequality

Terming the proposed national budget “highly ambitious”, the BNP yesterday said the people of the country would not accept the budget as it would increase inequality.

June 15, 2019
June 15, 2019

The affluent to benefit more

The budgetary measures for fiscal 2019-20 will favour the beneficiaries of “economic misrule” and hurt the middle and lower mid-income groups, the Centre for Policy Dialogue said yesterday.

June 14, 2019
June 14, 2019

Smartphone import to be costlier

Imported smartphones are scheduled to turn much costlier as the government has proposed increasing supplementary duty from 10 percent to 25 percent.

June 14, 2019
June 14, 2019

Gloom of growers not going away

Gani Mia is a farmer with no land of his own. He grows paddy, jute and other crops in others’ fields. ...

June 14, 2019
June 14, 2019

BUDGET SPEECH: PM helps out ailing Kamal

Prime Minister Sheikh Hasina yesterday presented parts of the national budget as Finance Minister AHM Mustafa Kamal fell sick halfway through his speech.

June 14, 2019
June 14, 2019

Safety for 16 lakh more

In a push to widen the social safety net, the government decided to include all registered differently abled people, and more marginalised and vulnerable ones under its protection.

June 14, 2019
June 14, 2019

Deficit financing to be expensive

The government has resorted to deficit financing, largely through bank borrowing and sale of high-cost savings certificates, increasing the interest payment burden on its shoulders and fuelling...

June 14, 2019
June 14, 2019

Gas subsidy to double

Finance Minister AHM Mustafa Kamal yesterday proposed doubling the subsidy for the gas sector to Tk 9,600 crore for 2019-20, from Tk 4,500 crore in the previous year.

June 14, 2019
June 14, 2019

Long on promises, short on specifics

All eyes were on fever-stricken Finance Minister AHM Mustafa Kamal as he stepped into parliament to unveil his maiden national budget yesterday.

June 14, 2019
June 14, 2019

A little for the jobless

More than a year ago, when Mohammad Zayed graduated from a university college in the capital, his family started expecting that he would soon take over the financial responsibility.